Turning Point Brands (TPB) Work In Process (2020 - 2024)
Turning Point Brands (TPB) posted quarterly Work In Process of $37.8 million for Q3 2024, down 28.78% year-over-year from $53.0 million in Q4 2023, and down 9.28% quarter-over-quarter from $41.6 million in Q2 2024.
Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends
Turning Point Brands (TPB) has reported Work In Process for 5 consecutive years, with $37.8 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Work In Process fell 28.78% year-over-year to $37.8 million; the TTM figure through Sep 2024 stood at $37.8 million (down 28.78% YoY), while the FY2023 annual figure was $34.9 million, down 19.72% from the prior year.
- Work In Process fell to $37.8 million in Q3 2024 per TPB's latest filing, from $41.6 million in the prior quarter.
- Across five years, Work In Process topped out at $55.8 million in Q2 2023 and bottomed at $32.9 million in Q4 2020.
- Historically, Work In Process has averaged $42.5 million across 5 years, with a median of $41.5 million in 2024.
- Annual changes were most pronounced in 2022 — Work In Process climbed 21.18% — and 2024, when it retreated 28.78%.
- Turning Point Brands' Work In Process stood at $32.9 million in 2020, then rose by 8.96% to $35.9 million in 2021, then advanced by 21.08% to $43.5 million in 2022, then dropped by 19.72% to $34.9 million in 2023, then advanced by 8.22% to $37.8 million in 2024.
- Business Quant data shows TPB's Work In Process at $37.8 million in Q3 2024, $41.6 million in Q2 2024, and $41.5 million in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 37.76 Mn |
| Jun 30, 2024 | 41.62 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 34.89 Mn |
| Sep 30, 2023 | 53.02 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 40.13 Mn |
| Dec 31, 2022 | 43.47 Mn |
| Sep 30, 2022 | 46.23 Mn |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 47.73 Mn |
| Dec 31, 2021 | 35.90 Mn |
| Sep 30, 2021 | 38.15 Mn |
| Jun 30, 2021 | 40.78 Mn |
| Mar 31, 2021 | 41.71 Mn |
| Dec 31, 2020 | 32.95 Mn |